In the past seven days, bitcoin managed to add another 10% to its dollar-value as the price spiked from about $6,000 to its current point at $6,600. Yet, most of the time, it traded within a narrow range between $6,400 and $6,700. The overall volume has also declined, and, as such, the volatility decreased. If...Read More
Bitcoin Bitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640. From...Read More
In brief: Today, the US has surpassed China in confirmed cases of the Coronavirus. A total lockdown might be the only option left to curtail the spread of the disease in North America. The Stock markets might experience another dip due to technical and fundamental factors. Bitcoin (BTC) might thus be tested one more time...Read More
Bitcoin’s network went through one of its biggest difficulty adjustments just recently. While this had a quick and expected impact on the network, everything is back on track with blocks being produced on schedule. However, interesting performance data reveals that the price tends to increase following extreme difficulty adjustments, such as the one that was...Read More
During the coronavirus crisis, a lot of focus has shifted to online meetings and virtual communication. All of this seems to indicate that virtual reality will become more popular, even in the cryptocurrency space. Virtual reality remains a very niche technology for most consumers and companies. Exploring Crypto and Virtual Reality It is something no...Read More
Ethereum saw a small 0.5% price increase today as it continues to battle the $140 resistance level. The cryptocurrency has been bouncing in a very tight range between $135 and $140 for the past 4-days. Ethereum dropped beneath the crucial 0.021 BTC support this week to drop as low as 0.0201 BTC. Key Support &...Read More
In brief: Binance has announced the launch of the Binance Card that allows users to shop and pay with crypto anywhere VISA is accepted. Binance Card will initially be a virtual card in a Beta version of the new service. Users can only top up using Bitcoin (BTC) and Binance Coin (BNB). The team at...Read More
Bitcoin fell sharply along with all other assets during the global valuation collapse. Because it tracked with other assets like stocks, gold, and oil, there were more questions about Bitcoin correlation. Is Bitcoin an uncorrelated asset? One that doesn’t consistently move in the same or opposite direction as other securities? The Bitcoin price was uncorrelated...Read More
Amid several other platform developments, popular cryptocurrency exchange, Binance has revealed its plans of issuing a debit card to its global customers. According to the official announcement, the cryptocurrency exchange operator expressed its aims for the card to be used globally while enabling its customers to spend cryptos to pay for goods and services. The...Read More
With the advent of the new announcements and new updates, major Crypto bulls have entered the market. Bitcoin and other altcoins have been trading in the green zone since and are still going strong. Some of the altcoins like Maker, Binance (BNB), etc surged considerably by more than 10%. At present Ripple price (XRP) is...Read More
Not too many people will be surprised to learn numerous scams involving the coronavirus have come to life. One of these scams focusing on Bitcoin, and claims to “infect entire families”. There is always someone interested in using a global pandemic to their advantage. Bitcoin Ransomware and the Coronavirus In this particular case, the criminal...Read More
